AMA 7.50% 4.3¢ ama group limited

Thanks for all the feedback sc100.A recent broker note makes...

  1. 249 Posts.

    Thanks for all the feedback sc100.

    A recent broker note makes mention of the fact that AMA has picked up a worldwide exclusive licence to technology based around air/emissions management This was inherited from one of the acquired businesses.

    Apparently the technology has applications in automotive and hygiene industries and is already gaining traction, with a pipeline of orders from Europe and Asia.

    This is a new line of business which could potentially provide a material boost to AMA's earnings in FY09. We'll have to wait till end of year reporting to get the details on all of this.
 
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